Brokerage Views: Kotak On Aadhar Housing, Citi On Tech Mahindra And More

Kaynes Technology India Ltd. and Aadhar Housing Finance Ltd. are on the radar of Kotak Institutional Equities. While Emkay Global Financial Services initiated coverage on Ceat Ltd. and Kotak Securities on FIEM Industries Ltd.NDTV Profit tracks what brokerages are putting out on stocks and sectors. Here are all the top calls from analysts you need to know about on Tuesday..Initiated coverage with a target price of Rs 550 apiece, implying a potential upside of 41% from the previous close.Stands out versus most affordable peers due to a larger balance sheet and 7% market share.Low nonperforming loans due to unique underwriting.Expects the company to deliver 22% earnings per share at a compounded annual growth rate during financial years 2024–27E and high teens return on equities.Increase in leverage to aid core profitability with a return on asset of 4.4% to 4.7%..Aadhar Housing Finance To Enter Rural Markets, Says CEO Rishi Anand.Retained a 'sell' rating on the stock and a target price of Rs 1,230 apiece, implying a potential downside of 24.8% from the previous close.Continues to be very focused on the 15% earnings before interest and taxes margin target in three years.Valuations are at nearly 25 times the FY26E consensus EPS.Valuations at nearly 21 times the March 2026E EPS.Company is at a premium to the five-year historical average of ~16 times.The view is that a lot of improvement is already priced in..M&M's Classic Legends Launches Jawa 42 FJ 350 At Starting Price Of Rs 1.99 Lakh.Retained a 'buy' rating on the stock and raised target price to Rs 4,950 apiece from Rs 4,650 per share, implying a potential upside of 1% from the previous close.Semiconductor approval is a potential game changer for Kaynes.Focus in the near term would be to ramp up execution.Medium-term focus would be on shifting revenues towards advanced packaging solutions.These hold key to moving margins and return profiles in line with global peers.Expects company to start commercial production from second quarter of financial year 2026.Global players enjoy 20%+ Ebitda margins.Diversifying into new growth areas—smart metering a near-term catalyst..Morgan Stanley Builds A Bull Case For Kaynes Technology On Strong Sectoral Tailwinds.Initiated with a 'buy' rating on the stock and a target price of Rs 3,650 apiece, implying a potential upside of 30.6% from the previous close.Initiated coverage despite street concerns about margin volatility.Expects tyre industry's profitability to gradually delink from raw material prices.Ceat has outperformed across parameters in last five years.Company shows greater resilience to raw material price volatility versus peers.Growth levers include revival in two-wheelers and exports of overhead hoist transportation systems.Expects 30% EPS CAGR over financial year 2025 to 2027..Bajaj Auto Projects August Growth Encore On CNG Foray, Successful Launches.Initiated coverage with a 'buy' rating on the stock and a target price of Rs 2,150 apiece, implying a potential upside of 33% from the previous close.FIEM Industries is well-placed to benefit from two-wheeler industry recovery.Rising LED lighting adoption in the automotive segment to aid growth.Passenger vehicle segment provides significant growth opportunity over the medium term.Earnings expected to grow at a healthy 19% CAGR over financial year 2024 to financial year 2027E.Values the stock at a price to earnings ratio of 20 times the fiscal 2027E earnings..Fiem Industries Raises Rs 120 Crore Via Qualified Institutional Placement

Brokerage Views: Kotak On Aadhar Housing, Citi On Tech Mahindra And More

Here are all the top calls from analysts you need to know about on Tuesday.

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